MGMT vs. AVUV
Compare and contrast key facts about Ballast Small/Mid Cap ETF (MGMT) and Avantis U.S. Small Cap Value ETF (AVUV).
MGMT and AVUV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MGMT is an actively managed fund by Inverdale Capital Management LLC. It was launched on Dec 2, 2020. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGMT or AVUV.
Performance
MGMT vs. AVUV - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with MGMT having a 16.51% return and AVUV slightly lower at 15.85%.
MGMT
16.51%
12.35%
19.95%
27.45%
N/A
N/A
AVUV
15.85%
7.10%
13.70%
31.15%
16.63%
N/A
Key characteristics
| MGMT | AVUV | |
|---|---|---|
| Sharpe Ratio | 1.48 | 1.50 |
| Sortino Ratio | 2.17 | 2.24 |
| Omega Ratio | 1.27 | 1.28 |
| Calmar Ratio | 2.48 | 2.88 |
| Martin Ratio | 6.44 | 7.56 |
| Ulcer Index | 4.27% | 4.19% |
| Daily Std Dev | 18.64% | 21.12% |
| Max Drawdown | -24.95% | -49.42% |
| Current Drawdown | 0.00% | -1.99% |
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MGMT vs. AVUV - Expense Ratio Comparison
MGMT has a 1.10% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Correlation
The correlation between MGMT and AVUV is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
MGMT vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ballast Small/Mid Cap ETF (MGMT) and Avantis U.S. Small Cap Value ETF (AVUV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
MGMT vs. AVUV - Dividend Comparison
MGMT's dividend yield for the trailing twelve months is around 1.00%, less than AVUV's 1.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
MGMT Ballast Small/Mid Cap ETF | 1.00% | 1.16% | 0.90% | 0.26% | 0.00% | 0.00% |
AVUV Avantis U.S. Small Cap Value ETF | 1.52% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% |
Drawdowns
MGMT vs. AVUV - Drawdown Comparison
The maximum MGMT drawdown since its inception was -24.95%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for MGMT and AVUV. For additional features, visit the drawdowns tool.
Volatility
MGMT vs. AVUV - Volatility Comparison
The current volatility for Ballast Small/Mid Cap ETF (MGMT) is 7.44%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 8.47%. This indicates that MGMT experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.